Question
Accountancy Question on Shares
Debit side of partner's current Account shows:
(A) Drawings made out of Capital
(B) Interest on Drawings
(C) Share of Loss on Revaluation
(D) Additional Capital Introduced
(E) Adjustment of Goodwill already appearing in Balance Sheet
Choose the correct answer from the options given below:
A
(A), (B) and (C) Only
B
(B), (C) and (E) Only
C
(B), (D) and (E) Only
D
(A), (C) and (D) Only
Answer
(B), (C) and (E) Only
Explanation
Solution
The correct option is (B) :(B), (C) and (E) Only